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JFrog Announces CFO Transition

JFrog
JFrog

JFrog, the Liquid Software company and creators of the JFrog Software Supply Chain Platform, announced the promotion of Ed Grabscheid to the position of Chief Financial Officer, effective January 1, 2024. Joining the leadership team, Mr. Grabscheid will succeed CFO Jacob Shulman, who is leaving JFrog to pursue another opportunity and may remain in an advisory role.

“I’m thrilled to welcome Ed as our new CFO. He is a seasoned finance leader who has been integral to the execution of our long-term growth strategy,” said Shlomi Ben Haim, Co-Founder and CEO, JFrog. “Ed’s extensive financial experience and valuable knowledge of our company, coupled with his leadership experience as a former CFO, I have no doubt he’ll continue to be successful while ensuring JFrog continues to execute on our business strategy to deliver long term value to shareholders.”

“I want to thank Jacob Shulman for his partnership and strong leadership which has played a central role during significant periods in the company’s journey,” added JFrog Co-founder and CEO, Shlomi Ben Haim. “Through his guidance, we have built a talented and experienced finance team that will continue to deliver on our key business priorities. We wish him continued success in his future endeavors.”

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Ed Grabscheid has more than 25 years of financial experience with a proven track record for leading organizations in global finance and strategy, accounting, corporate reporting, and forecasting. He joined JFrog in 2019 and currently serves as JFrog’s Vice President of Finance and played an integral role during our IPO and the track record we established as a public company. Grabscheid previously worked as CFO at Atlona, a leading global manufacturer of AV over IP distribution, connectivity, and control solutions, and also served in various finance and accounting roles at ServiceMax, Intermolecular and Cisco.

JFrog continues to be prioritized as critical infrastructure for developers in thousands of global enterprises, and I have had the privilege to contribute to the significant growth the company has achieved over the past four years,” said Ed Grabscheid. “I would like to thank Jacob for his ongoing support and mentorship during these years. I’m excited to join Shlomi and the leadership team to continue to build upon the strong financial and operational foundation and deliver meaningful shareholder value.”

SOURCE: Businesswire